121 45th Street Newport Beach, CA 92663

Price Change History

Current Price: $1,775,000

Original Price: $

$1,775,000
Property Type
Garage3
PoolNo
Price per SqFt$888
Lot Size2,883 SqFt
Year Built1958
Communitycentral newport (cnew)
MLS#NP17235714
Listing StatusActive Under Contract
Days on Market118

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COMMENTS

Fantastic location for this Newport Beach duplex: just 6 homes from the beach and situated at the top of the Balboa Peninsula just off the Lido’s pristine beaches. The property offers great flexibility. As an investment there is SIGNIFICANT UPSIDE to current market rate rents due to long term tenancies. Recent building improvements include new tear-off roof, all new windows, new water heaters, new garage door, newly painted exterior and many more. This is a legal duplex zoned RM (residential multi-family). SHORT TERM rentals (less than 30 days) are permitted upon owner’s completion of application. Or re-imagine it as a single family residence: renovation and new construction abound throughout the neighborhood. Layout details: 1st floor is 2 bed/1 bath; 2nd floor is 3 bed/1 bath unit. The garage parks 3 cars: 2 tandem and a single space w/large storage room. Newport Beach is “part unspoiled nature, part man-made wonder and part luxury paradise. It enchants every type of visitor to its glowing shores.”

Property Features

  • Community: central newport (cnew)
  • Price per Sqft: $888
  • Year Built: 1958
  • Stories: 2
  • Lot Size: 2,883 SqFt
  • Garage Spaces: 3
  • Parking Type: Direct Garage Access, Garage, Garage - Rear Entry, Garage - Two Door, Garage Door Opener, No Driveway
  • Interior: Balcony, Storage Space
  • Fireplace: 0, None
  • Flooring: Carpet, Tile, Vinyl
  • Pool Description: None
  • Roof: Composition
  • Lot Features: Level with Street, Lot Shape-Rectangular, No Landscaping, Paved
  • Building Levels Description: Two
  • Total Floors in Building: 2
  • Construction: Stucco, Wood Siding
  • Other Appliances: Gas Stove, Gas Water Heater, Refrigerator
  • Cooling System: None
  • Heating: Wall Heater
  • Gas: 1
  • Utility Information: Phone Connected, Sewer Connected, Water Connected
  • Parking Spaces: 3
  • County: Orange
  • Area: N8 - West Newport - Lido
  • Community Name: Central Newport (cnew)
  • HOA Fee Includes: Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting, Urban
  • Other Structures: Storage
  • Existing Rent: $3,600
  • Tenant Pays: Cable TV, Electricity, Gas

Map Location for 121 45th Street Newport Beach, CA 92663

Directions: Hwy 1 North ot Balboa Blvd go West to 45th St.

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Listing courtesy of Pacific Coast Commercial
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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